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KP Energy to develop 300 MW Wind Power Project with GE Renewables India

11 Apr 2018 Evaluate

KP Energy has tied up with GE Renewables India for developing Wind Power Project of 300 MW (120 Wind Turbine Generators of 2.5 MW each) at Kutch, Gujarat. The project has been won under SECI Bids by a renowned IPP and will be connected with ISTS (Inter State Transmission System) Network in Kutch.

The company will facilitate distinct wind locations, Permits, Wind Data Management, Power Evacuation Infrastructure comprising of 220kv dedicated lines and Pooling Substation as per PGCIL Standards, Site civil works for WTG foundation, logistics & erection. This is the largest quantum award received at single site in India by both the companies.

The term sheet agreement for the same has been signed with GE India Industrial. The total project is planned to achieve full commissioning by September 2019. The company has received approved purchase order on April 09, 2018 as well as milestone payments of Rs 11.67 crore towards deliverables. Final Contracting will follow upon completion of detailed engineering which is expected to be completed in a month’s time.

KP Energy provides complete solutions from concept till completion of the project life-cycle of a Wind Project. The activities covered are Siting of Wind-farms, Lands & Permits acquisition, EPCC (Engineering, Procurement, Construction & Commissioning) of Wind Project Infrastructure etc.

KP Energy Share Price

357.80 21.40 (6.36%)
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